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Dimov Tax's Playbook: Reporting Foreign Earnings Without Overpaying Uncle Sam

13 0
14.06.2025

In an age where tax software promises instant refunds and automation tools threaten to replace advisors, George Dimov proves that personal attention, elite expertise, and proactive planning still matter—especially when taxes get complicated.

Dimov is the founder and CEO of Dimov Tax, a fully remote CPA firm with reach across all 50 states and Canada. His client base includes high-earning professionals, freelance entrepreneurs, expatriates, and dual-state filers — individuals with incomes and investments that don't fit within the usual tax filing categories.

His goal? To bring Big Four-level service to people who want responsive support, not a robot. With over 20 years of experience and a team of enrolled agents, tax attorneys, and a Canadian CPA, Dimov has carved out a niche as the go-to tax strategist for people with complex returns, and he's done it while scaling a remote-first company from the ground up.

We recently sat down with Dimov to talk about how he built his firm, what high-earning professionals need to know, and why planning, especially for foreign and multi-state income, is the key to keeping more of what you earn.

Interviewer: George, you've built a firm that serves some of the most complex tax clients in the US. What initially motivated you to take the leap?

George Dimov: "My goal in starting my business was that I was going to make the same amount at least as my regular job in order for me to have the flexibility to be able to spend time... and live a flexible and mostly remote‑based lifestyle."

Dimov launched his firm with a clear benchmark: replace his $125K-plus salary before quitting his day job. It wasn't just about income; it was about testing demand, building cash reserves, and ensuring a smooth transition into a work-from-anywhere lifestyle that mirrors the lives of many of his clients.

Interviewer: Was the market ready for you?

Dimov: "There's such a shortage of accountants that as soon as I opened up my doors as an accountant... I was just packed from day until night."

By recognizing accounting as an underserved profession,........

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